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7.4% drop in value of Liberty?s commercial property assets

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  • 7.4% drop in value of Liberty?s commercial property assets

    Liberty International, a UK investor in shopping centres, has revealed a 7.4% fall in the value of its assets and an increase in bad debt provisions. The company anticipates a continuing fall in values in the commercial property market in the face of weak consumer spending.There was a first-half pre-tax loss of £458m, compared with [...]

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